The Yamuna Expressway Industrial Development Authority (YEIDA) has received a massive response to its residential plot scheme near the upcoming Noida International Airport. Over 1.12 lakh applications were submitted for 451 plots, generating approximately ₹4,800 crore in registration revenue, according to a report by Moneycontrol. The scheme ran from October 31 to November 30, offering plots in Sector 24A near key projects like the airport, Film City, and the Eastern Peripheral Expressway. A lucky draw for allotment will be conducted on December 27.
The plots are available in five sizes—120 sqm, 162 sqm, 200 sqm, 250 sqm, and 260 sqm—priced at ₹25,900 per sqm. Prices range from ₹31.08 lakh to ₹67.34 lakh, excluding additional charges. The 200 sqm category received the most applications (48,266), while the 260 sqm plots received the fewest (1,333). YEIDA has allocated 100 plots of 120 sqm, 169 plots of 162 sqm, 172 plots of 200 sqm, 6 plots of 250 sqm, and 4 plots of 260 sqm.
Jewar, a small town along the Yamuna Expressway, is emerging as a fast-growing real estate micro-market in India. A Colliers India report indicates land prices in Jewar have risen 40% in the past five years and are expected to increase by 50% by 2030, driven by key infrastructure developments.
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The development of the Noida International Airport is a major catalyst for Jewar’s growth. Spread across 1,334 acres, the airport is expected to be operational by 2025. Additional projects like metro extensions and themed city developments are boosting real estate demand in the area.
Government initiatives, including YEIDA projects, the International Film City, and metro expansions, have significantly increased land prices. Values have jumped from ₹5,000 per square foot in 2020 to ₹7,000 per square foot in 2024, with projections reaching ₹10,482 per square foot by 2030.
Jewar is among eight emerging real estate micro-markets identified by Colliers India, thriving due to major infrastructure projects. With its strategic location and robust government initiatives, Jewar is transforming into a key investment destination in India.